Vested Interest Letter of the Day

1. As MW has successfully demonstrated, there is no taxpayer subsidy in council housing. Rents cover building and maintenance costs.
2. This guy proposes means testing council housing. Are marginal tax rates not high enough? With the mountain of benefit withdrawals now in place, any substantial means testing on council housing will bring marginal rates so close to 100% that you can just avoid it by putting money into your pension or other changing your behavior in other ways, like working less, evasion, etc.